The Consumer Law Reform Bill is the most significant update to consumer law in New Zealand in the last 20 years. It has had its second reading and is on track to be passed later this year.

The key amendments include prohibiting the use of unfair contract terms in standard-form contracts and several new provisions relating to unsubstantiated representations.

In this Insights video commercial law expert Simon Vannini and colleague Averill Dickson discuss the key elements of the Bill and outline the affect it will have on businesses.

Click here to view the video.